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61 Colorados Drive

61 Colorados Drive, Millbrae, CA 94030
Property in Millbrae
Sold May 18, 2004
$940,000
$622,000 by General Mortgage Capital Corp
Mortgage Due May 01, 2046
61 Colorados Drive in Millbrae, CA was first built in 1959 and is 65 years old. This has been categorized as a residential property type. There are a total of 8 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 61 Colorados Drive has 2,230 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 390 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 8,685 square feet.

Learn more about the property and building on this page. For those who need parking, there is a carport. There are a total of 2 available parking spaces. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. The property was last sold in May 14, 2004 for $940,000. That's $421.52 per sqft. 61 Colorados Drive was last assessed in 2022. The total value of the property was assessed at $1,259,386. Specifically, the land the property is located on was valued at $629,693. While improvements on the property were assessed at a total of $629,693. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $14,320. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 390
  • Garage Type: Carport
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,685
  • Total Building Area: 2,230
  • Gross Building Area: 2,230
  • Building Area: 2,230
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,230
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MILLBRAE HIGHLANDS
  • Land Acres: 0.199
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 82 & NLY 46.42 FT X 13.61 FT F&R MEAS OF LOT 81 MILLBRAE HIGHLANDS SUB NO 10 RSM 34/17 18 CITY OF MILLBRAE

Ownership

  • Current Owner : LAU WILSON
  • Current Owner 2: XU CHUN R
  • Previous Owner : SNYDER FLORENCE B
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Millbrae Elementary School District
  • Census Tract: 604700

Zoning

  • Zoning: R10006

Geography

  • Assessors Map Reference: 28-B1
  • Parcel: 024-032-220
  • Lot: 82,81
  • Latitude: 37.5928
  • Longitude: -122.408

    Address

  • Full Address: 61 Colorados Dr
  • Address - House Number: 61
  • Address - Street Name: Colorados
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Millbrae
  • Carrier Code: C002
  • 4-Digit Zip Code: 2107
  • Zip Code: 94030

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,320
  • Tax Rate Code Area: 14-001

    Appraisal Valuation

  • Standard Deviation: 0.216
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 70
  • Final Value: 2,185,092
  • High Value: 2,657,201
  • Low Value: 1,712,983

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $872,000
  • First Open Lien Mortgage Lender: GENERAL MORTGAGE CAPITAL CORP
  • First Open Lien Mortgage Recording Date: Apr 19, 2016
  • First Open Lien Mortgage Loan Amount: $622,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2046
  • Second Open Lien Mortgage Lender: CATHAY BANK
  • Second Open Lien Mortgage Recording Date: Nov 09, 2018
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $250,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,259,386
  • Assessed Land Value: $629,693
  • Assessed Improvements Value: $629,693

    Sales

  • Current Sale Contract Date: May 14, 2004
  • Current Sale Recording Date: May 18, 2004
  • Current Sale Transaction ID: 1052435363
  • Current Sale Price: $940,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2004101024

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAS WHOLESALE LENDER
  • First Mortgage Transaction Date: May 18, 2004
  • First Mortgage Loan Amount: $415,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jun 01, 2034

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Millbrae



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Frequently Asked Questions

What neighborhood is 61 Colorados Drive located in?
The 61 Colorados Drive is a located in the neighborhood of Millbrae in Millbrae, Millbrae.
What is the average sales price for listings in 61 Colorados Drive?
The average sales price for units in 61 Colorados Drive is $0 currently.

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